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C3.ai has reported better-than-expected Q1 results, showing signs of a turnaround under new CEO. Wedbush analyst Moshe Katri says the company's strong performance indicates a "significant positive inflection." C3.ai's Q1 revenue of $44.4m beat forecasts of $41.3m, while its Q1 non-GAAP loss per share of $0.23 was narrower than the $0.32 loss expected by analysts. The company's strong performance is attributed to its C3 AI Platform, C3 AI Applications, and C3 Generative AI solutions.
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